PPP Loan information for Akin, ltd

$497,900

Akin, ltd was initially approved for PPP Loan of amount $464,000, the current approved amount is $497,900. The loan was approved on 04/03/2020 by The Iowa State Bank reported 71 jobs and $497,900 was used to fund payroll.

Akin, ltd is Existing or more than 2 years old

AKIN, LTD

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AKIN, LTD

Borrower Address

726 Davis Ave

Borrower City

CORNING

Borrower State

IA

Borrower Zip

50841-1446

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

464000.00

Current Approval Amount

497900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORNING

Project County Name

ADAMS

Project State

IA

Project Zip

50841-1446

CD

IA-03

Jobs Reported

71

NAICS Code

444190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

497900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

501869.37

Forgiveness Date

01/25/2021

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